Corporate finance · India

Financing that has to clear a deadline, a regulator, or both.

Most of our work sits at a constraint that will not move — a nine-month commissioning window under PM KUSUM in RESCO mode, a tariff order, an open access approval, a drawdown a contractor is already building against.

We take a mandate while that constraint is still workable, and we do the document work ourselves — SPV formation, director KYC, the DPR, the land file — rather than sending a checklist back and waiting on it. On a project with a fixed date, the papers are usually what make the money late, not the credit.

What we do

Corporate financeM&A through post-merger integration, debt syndication, equity fundraising, C&I solar asset transactions, and transaction due diligence. We engage before the structure is fixed and stay until the facility is drawn or the transaction closes.Read the page

Financial strategyTaxation and regulatory compliance, and a fractional CFO retainer for companies carrying a finance function they cannot yet justify hiring. The retainer states what we own and what we advise on, because the difference decides who is accountable at the board meeting.Read the page

Specialised advisoryEnvironmental markets — carbon project registration and funding raised against credits — and exports advisory covering trade finance, market entry and compliance. Advisory to the client throughout: we do not originate credits or trade on our own book.Read the page

Sectors

RenewablesPM KUSUM Components A and C, C&I solar assets, wind, green hydrogen and CBG. The offtaker decides the financing — a DISCOM buying at a SERC-set tariff and a company buying under a negotiated PPA are underwritten differently, and little carries across.

HealthcareHospital build-out and expansion, diagnostic chains, and equipment finance. The collateral position, the revenue seasonality and the licensing sit differently here from generic corporate debt, and that is where a credit team spends its time.

ConstructionProject finance, and the receivables cycle that decides working capital in this sector. Heritage reconstruction is treated on its own, because its funding sources and its approval path have almost nothing in common with commercial construction.

StartupsSeed to Series B — investor targeting, the data room, diligence readiness and term negotiation. The clauses that decide how the next five years feel are rarely the valuation.

How we work

An engagement starts with what is fixed rather than with a deck: the commissioning date, the tariff order, the approval nobody has applied for yet, the covenant in the facility already drawn. We work backwards from it into a document sequence, and we run SPV formation, KYC and the DPR alongside lender appraisal instead of ahead of it — a sequential document cycle is the most common reason a sanctioned facility is drawn late.

How an engagement runs

Talk to us about a live transaction

Tell us what is fixed about it — the date, the counterparty, the approval you are waiting on. That is enough for us to say whether we are useful to you, and enough for us to say when we are not.

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